When a Firm Is Determining Its Opportunities and Threats, Which

question 31

Multiple Choice

When a firm is determining its opportunities and threats, which of the following would not be mentioned?

• A) An intense rivalry with a local competitor was beginning to start a price war.
• B) The firm just received a patent on its main product.
• C) The success of the firm's latest marketing campaign.
• D) In spite of its patent, there are several substitute products consumers could use.
• E) Increased competition in some of its key product lines.

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Definitions:

Keyboard

An input device consisting of a set of individual keys that allows a user to enter data or commands into a computer or other electronic devices.

Printer

A device that transfers text and images from a computer onto paper or other media.

Hardware

The physical components of a computer system, such as the CPU, memory, and input/output devices.

IT

Information Technology, which involves the use of computers, storage, networking, and other physical devices, infrastructure and processes to create, process, store, secure, and exchange all forms of electronic data.